comparemela.com

Page 8 - Dena Tripp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Santa Rosa Business and Visitor Industries Thrive amid Pandemic

Santa Rosa Business and Visitor Industries Thrive amid Pandemic
winebusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winebusiness.com Daily Mail and Mail on Sunday newspapers.

Addison-based Nothing Bundt Cakes sells to an Atlanta firm that s buying up food brands

Addison-based Nothing Bundt Cakes sells to an Atlanta firm that’s buying up food brands The popular bakery chain moved its corporate headquarters to North Texas in 2015. Nothing Bundt Cakes has 390 locations in the U.S. and Canada and annual sales of $470 million.(Agent485) 8:15 PM on May 15, 2021 CDT Addison-based gourmet bakery chain Nothing Bundt Cakes is being sold to an Atlanta firm making its 29th food industry investment. Levine Leichtman Capital Partners, the Los Angeles-based private equity firm that owned the popular bakery, reached the deal Friday with Roark Capital. Terms weren’t disclosed. Nothing Bundt Cakes becomes Roark’s 92nd franchise or multi-location brand. The investment firm’s current portfolio includes Arby’s, Baskin Robbins, Culver’s, Frisco-based Jamba, Dallas-born Rusty Taco, Sonic and the Cheesecake Factory.

Roark Capital Buys Nothing Bundt Cakes

Roark Capital Buys Nothing Bundt Cakes Roark Capital has purchased Nothing Bundt Cakes Holdings LLC from Levine Leichtman Capital Partners, a Los Angeles-based private equity firm. Nothing Bundt Cakes is a franchisor and operator of gourmet bakeries offering specialty Bundt cakes and retail gift items. Matthew Frankel, managing partner of LLCP, said, “The Nothing Bundt Cakes investment has been very successful for LLCP, with exceptional same-store sales growth and robust franchise development. This was driven by the efforts of the Company’s management team along with value creation initiatives, including technological enhancements, menu innovation, supply chain improvements, and the introduction of corporate stores through both strategic M&A and de novo openings. We are grateful for everything the management team and founder, Dena Tripp, have done to create value for its shareholders, bakery owners, and guests. We wish the team all the best in their next chapter.”

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.